Threat of delay to Neta raises price hike fears_2
19 July 2012
Fears that the New Electricity Trading Arrangements (Neta) will not be introduced on time have raised concerns about higher electricity prices.
Buyers believe that any delay will reverse the recent trend of falling rates, which are as much as 20 per cent down on last year’s. This is mainly because suppliers have been undercutting each other to win contracts.
Neta programme directors have so far been unable to guarantee that the new regime, which ties output to contracted consumer demand and requires...